February National Housing Market ReportHighlights

Real estate markets are getting an early start to the spring buying season with an unseasonably high home demand with fewer homes for sale.

  • Nationally, the inventory of active listings declined by 24.5% over last year, while the total inventory of unsold homes declined by 15.3%.
  • February’s national median listing price was $392,450, up 12.9% from the previous year.
  • The typical home spent 47 days on the market in February, which is 17 days less than in 2021.

 

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